L.A. boutique shutdowns, Luxury spending rules, Ideeli’s recession proof retail model, Sales plummet in December

| Daily Digest 14 January, 2009

Store fronts on Rodeo Drive, photo courtesy of WWD.

L.A. Specialty Boutiques Rocked by Shutdowns (WWD) In LA, troubled boutiques are closing in droves. The New Rules Of Luxury Spending (Forbes) “Today’s high-net-worth consumers are still spending–but they’re putting more thought into their purchases.” Ideeli.com, Ideal Online Shopping? (JC Report) Ideeli’s invitation only online retail model is proving to be recession proof. Retail Sales Tumbled

CEO Talk | Priya Kishore, Founder and Creative Director, Bombay Electric

CEO Talk | Mumbai 21 December, 2008

Priya Kishore, a beacon for Bombay's new creative elite, courtesy of Bombay Electric

NEW DELHI, India – When Priya Kishore and Bombay Electric hit Mumbai a few years ago, Mumbaikars didn’t know what was coming. No sooner had Kishore arrived than she became a beacon for Bombay’s new creative elite – one with a rightful place on the world stage. A friend while she lived in London, Priya always had this wonderful creative streak, dressed in quirky clothes and popping colours. No wonder Mumbai